Try before you buy! An opportunity to rent in one of Concourse's well-maintained co-op buildings and experience co-op living for those thinking of purchasing. Unit 4WS at 800 Grand Concourse is a well-sized co-op studio unit overlooking the building’s beautifully maintained front courtyard. Over 230 square feet of living space provides ample room for the bed and couch configuration of your choosing, and there are 3 generously sized closets that are ideal for your storage needs. Two bonus features of this apartment include the front foyer, separated from the main space to unload your bags and coats before stepping into your home, and the back dressing room off the bathroom that can easily fit a dresser or armoire. The unit comes with a window AC that easily cools the space. 800 Grand Concourse is a pet-friendly 24-hour doorman building that sits across from Franz Sigel Park and the Bronx Supreme Court, and close to Yankee Stadium. It is located only a short distance from the 4/B/D trains that can transport you to Manhattan in 10 minutes. Additional building features include two laundry rooms in the basement, a newly renovated lobby, and doormen/porters on staff around the clock to accept packages, attend to resident needs, and keep the building secure. Please note - the unit will be available unfurnished.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,480 | $1,480 | $1,480 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $12 |
Total Monthly Payment | $85 | $85 | $87 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.